Buy home supplies

Elon

Chwele, Kenya

100% repaid

Entrepreneur

Name

Elon

Member since

July 2017

On-time repayments

13 installments  •  15%

About Me

Am a man with four children. I was born in 1994 in a family of five. I went to Ortum boys boarding primary school in 2007 and I graduated with an A. I went to Chewoyet high school and graduated with an A. I joined Kenyatta University and graduated with a degree in bachelor of Commerce. I come from a humble background with my parents having secured no jobs. They have small businesses with feed our family. Right now I have a retail shop which I buy and sell different commodities.

My Business

I have a retail shop which I buy and sell different commodities ranging from foodstuffs and farm tools. I buy them from Bungoma at around 50000 per month and sell them at a 90000. Monthly profit is around 40000. Actually it's a nice business because the profits I earn help my family buy foodstuffs, pay rent and school fees.
If you consider giving me a loan then I hope my business will expand widely. Thank you in advance.

Loan Proposal

If given the loan, I would buy 5 loaves of bread at 0.4$, 3 Kg of sugar at 0.8$ daily. Multiplied by 30 days of business equals to 132$. That is a very big profit. On weekly basis am going to repay the loan in 100 shillings. The gained profit, I will expand my business by buying other home supplies like salt, maize flour and others. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Aug 4, 2017

Repayment status

On Time

Projected term

5 weeks

Other loans

Lenders

Humble Bundle Community

San Francisco, United States

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